AboveNet Adds World Telecom Group as Master to Agent Program

NEW YORK, Jan. 24 /PRNewswire-FirstCall/ -- AboveNet announced today that it has added World Telecom Group as a Master Agent in its Agent Program. AboveNet is building a strong relationship with Master Agent, World Telecom (WTG) through its National Agent program and E3 Strategy. The E3 program offers WTG greater clarity of standard pricing for 90% of their agents' opportunities. The process is simple and efficient and allows for quick distribution of information to the end users. Complex opportunities such as WDM and Dark Fiber require more time for pricing and attention to customer requirements which is part of the dedicated agent support offered by the AboveNet Agent team, making our overall pre-sales process a great success for WTG.

According to WTG's Vince Bradley, "AboveNet has significantly stepped up their agent support and provisioning. They have been extremely easy to work with. AboveNet's services are designed to meet the complex communications needs of carriers and Fortune 1000 enterprises which will help our agent partners to move and/or sell up market."

The primary value of WTG in the Agent channel is to leverage their reach and relationships in the agent community. "We feel that when you combine that reach and those relationships with the fabulous AboveNet fiber assets, you have a very powerful value proposition for bandwidth hungry customers," said MaryBeth Nance, Director of Business Development. "WTG's agent community helps AboveNet provide value added bandwidth solutions that form the basis for long and profitable relationships with end user customers."

AboveNet has extensive lit and dark fiber network capabilities and is executing an aggressive sales strategy in conjunction with WTG to actively grow their collective customer base by providing private custom optical networking solutions.

About AboveNet, Inc.
AboveNet, Inc. provides fiber connectivity solutions for businesses and carriers. Its private optical network delivers key network and IP services in and between 14 top U.S. metro markets and London. AboveNet's network is widely used in demanding markets such as financial services, media, health care, retail and government.

About World Telecom Group (WTG)
World Telecom Group (WTG) is a premier Master Agent providing exceptional service to agent partners since 1996. WTG has one of the most diverse portfolios in the industry, including local, long-distance, data, internet and associated equipment. We also have the following specialty Divisions with dedicated extra support: LEC, Wireless, Wholesale and Cost Containment (TEM, Logistics and all other Cost Containment). WTG Agents have the ability to sell and consistently expand their business without commitments or quotas. For more information on WTG, visit www.wtgcom.com or contact Partner Support at 310-456-2200 x2 or via email at partnersupport@wtgcom.com.

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This news release contains forward-looking statements that involve risks and uncertainties. Factors that could cause or contribute to such risks and uncertainties include, but are not limited to, general economic and business conditions, competition, changes in technology and methods of marketing, and various other factors beyond the Company’s control. This also includes such factors as are described from time to time in the SEC reports filed by AboveNet, Inc. including the most recently filed Forms S-3 and 8-K.